TD.PF.G is a FixedReset, 5.50%+466, NVCC-compliant issue, announced January 5. This issue will be tracked by HIMIPref™ and has been assigned to the FixedReset subindex.

The issue traded 2,212,913 shares in a range of 25.27-44 before closing at 25.34-35, 8×8. This enormous volume gains it 19th place in the HIMIPref™ database ranked by one-day volume and the largest since 2006-12-15, when FBS.PR.B was issued. That was only a Split-Share, though, with a $10 par value; if we restrict the list to $25 pv issues, today’s TD.PF.G volume is the greatest since 2005-11-8, when 2,540,400 shares of BCE.PR.A changed hands … PrefBlog didn’t exist then!

So, yeah, that was a lot of trading, as befits an issue size of $700-million!